https://www.taxtmi.com/article/detailed?id=742 Eligibility for Cenvat credit by job workers depends on application of Rule 6, which disallows credit for inputs used in exempted goods and mandates reversal where common inputs serve both dutiable and exempted manufacture. Tribunal authority favored credit where duty is ultimately payable on finished goods. Policy responses include a retrospective proportionate reversal mechanism requiring certified adjustment for earlier periods and a proposed amendment to exclude job work clearances from reversal obligations, alongside administrative advice to follow tribunal precedent pending statutory change. en-us Wed, 31 Mar 2010 19:06:34 +0530 Thu, 01 Apr 2010 11:54:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=742 Eligibility for Cenvat credit by job workers depends on application of Rule 6, which disallows credit for inputs used in exempted goods and mandates reversal where common inputs serve both dutiable and exempted manufacture. Tribunal authority favored credit where duty is ultimately payable on finished goods. Policy responses include a retrospective proportionate reversal mechanism requiring certified adjustment for earlier periods and a proposed amendment to exclude job work clearances from reversal obligations, alongside administrative advice to follow tribunal precedent pending statutory change. Articles Central Excise Wed, 31 Mar 2010 19:06:34 +0530 https://www.taxtmi.com/article/detailed?id=742